The largest private sector lender of the country, ICICI Bank aims to declare its base rate today, said a top official of the bank. "We will announce our base rate on June 30," ICICI Bank's Managing Director & CEO, Chanda Kochhar said. With demand for home loans on a surge, the bank expects 20% growth in its lending portfolio this fiscal. "There is also a robust demand for auto loans," Kochhar said. She however said that project finance is yet to take a pick and it is expected to rise considerably in the second half of the fiscal. |